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Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk

Headline from Decrypt

Image: Decrypt

Key points

  • United States spot Bitcoin exchange-traded funds experienced five straight days of net outflows as market turbulence prompted investors to reduce risk exposure.
  • Data from SoSoValue shows these funds lost approximately $1.44 billion between November 5 and November 11.
  • This total includes a single-day loss of $299.9 million recorded on Wednesday alone as capital left the sector.

Summarized automatically by Kryptokite from reporting by Decrypt. Read the original sources for full detail.

Coins mentioned

Sources

  • DecryptBitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk · 2 hours agoRead on Decrypt

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